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India’s restrictions on rice exports have already sent ripples around the world. Those curbs may now be extended, threatening to keep food inflation in many countries higher for longer.

Farmers Protest Highlights: The farmers, en route to Delhi, are gearing up for a large-scale protest in the national capital on February 13.

To further improve the cooperation on rice exchange, the Department of Agriculture (DA) signed an agreement with Vietnam’s Ministry of Industry and Trade and the Ministry of Agriculture and Rural Development.

India is in second place with 4,800 tons last year, Pakistan is in third place with 2,600 tons

Philippine counterpart Ferdinand Romualdez Marcos Jr. thanked Vietnam for its readiness to ensure stable and long-term rice supply to the Philippines during his Hanoi visit Tuesday.

Attacks by Houthi rebels along the trade route have led to firms pausing shipments, raising the possibility of a shock to the world economy

The Governments of the United States, Australia, Bahrain, Belgium, Canada, Denmark, Germany, Italy, Japan, Netherlands, New Zealand, Singapore, and the United Kingdom issued a statement on January 3, which condemns Red Sea attacks and calls for end end to the situation.